155/1 Mcclintock Drive, Murrumba Downs QLD 4503
155/1 Mcclintock Drive, Murrumba Downs QLD 4503
Flood risk detected on site | Retirement village with resort facilities | 2 parking spaces included | School catchment confirmed
The flood overlay is the primary risk mechanism, which may affect insurance premiums and resale liquidity, though the property is within a managed retirement village with established drainage. The two parking spaces are a tangible advantage over most similar units, as the comparable at 161/1 offers only one space.
The property is competitively positioned within the village as a rare two-parking, ground-floor unit at an entry price of $589,000. For a buyer seeking independent living with amenities like the bowling green and community bus, this unit serves specifically those who value secure parking and low-maintenance living.
Sales data from 161/1 (2/2/1, sold 2023) at $520k with a 111-day marketing period and rental yield of 3.93% suggests upward movement in this village. At the current list price, this property likely offers stronger capital growth potential while preserving the same village benefits.
Given the flood overlay and managed village context, the prudent next step is to obtain a flood certificate from Moreton Bay Council and a strata levy history report before proceeding to formal offer.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Murrumba Downs presents as a family-oriented suburb with strong demand from owner-occupiers and investors, evidenced by rapid sales and low vacancy. Recent price growth has been robust, particularly for units, driven by high purchaser activity and a tight rental market. Future performance will hinge on the balance between sustained demand from young families and the limited, though increasing, supply of available stock, which remains a key constraint.